1513 S State Street, Lockport, IL 60441

Building Details

Year built

1987

Floors in Building

1

Number of units

4

Listing agent Melanie Aranda License #475147387 Show Phone

Listing office Exit Real Estate Specialists e***@yourdwellings.com 2405 Essington Road #I, Joliet, IL Show Phone

Listing date Nov 4, 2025

Report an issue

MLS# 12501074

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

---

Overview

This corner four-unit retail plaza provides a mixed occupancy setup, combining two currently leased units with two vacant units. The occupied spaces include a popular pizza restaurant and a neighborhood liquor store, while the remaining two units are available for occupancy and can typically be shown at any time with an appointment. Access to the leased spaces may vary based on customer traffic and business activity.

The property is located at a high-traffic intersection of State St and Division St in Lockport, Illinois, supported by high visibility and easy access. The site also includes ample parking and is surrounded by stable retail businesses, contributing to a straightforward retail setting for tenants and operators.

For buyers, the layout supports multiple strategies, including an owner-user approach or an investor looking for a property with both in-place income and additional leasing flexibility. The zoning is listed as COMMR. The listing also notes a related second PIN, 1104233230040000, which holds three other properties at 1525, 1527, and 1529 S. State St.

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Lockport

County

Will

State

Illinois

Longitude

-88.0609118

Latitude

41.5829246

Nearby Similar for Sale

• 

  $529,000

  1,540 SF

  Lockport Two-Unit Multifamily Property

  Two-unit multifamily property in Lockport, Illinois, rebuilt in 2014.

  1236 S Washington Street, Lockport, IL 60441

  View Details
• 

  $843,000

  Historic Two-Story Brick Building

  A modernized brick building in downtown Lockport with flexible interior space and rear parking for up to 10 cars.

  921 S State Street, Lockport, IL 60441

  View Details
• 

  $599,000

  Lockport Multifamily Investment Opportunity

  Five-unit residential property near train, downtown, and highways.

  1709 S State Street, Lockport, IL 60441

  View Details
• 

  $1,599,999

  Three-Story Brick Mixed-Use Building

  Three-story brick building with four residential rentals and a storefront/office space, fully leased.

  1016 State Street, Lockport, IL 60441

  View Details
• 

  $1,599,999

  Three-Story Brick Mixed-Use Building

  Three-story brick building with four residential rentals and a storefront/office space, fully leased for immediate occupancy.

  1016 State Street, Lockport, IL 60441

  View Details
• 

  Contact for pricing

  Commercial Restaurant Property

  Restaurant-oriented commercial site for sale, zoned COMMR, at 1500 S State Street in Lockport.

  1500 S State Street, Lockport, IL 60441

  View Details
• 

  $2,000,000

  13,541 SF

  Downtown Lockport Mixed-Use Investment

  Historic mixed-use property with retail and residential income.

  1100 S State St, Lockport, IL 60441

  View Details
• 

  $682,000

  Five-Unit Residential Property For Sale

  Five-unit residential property near train, downtown, and highways.

  1709 South State Street, Lockport, IL 60441

  View Details
• 

  $369,000

  3,000 SF

  Mixed-Use Property | 3,000 SqFt

  Mixed-use property featuring 3,000 SqFt of commercial space.

  704 E 9th St, Lockport, IL 60441

  View Details
• 

  Contact for pricing

  Retail Outlot Opportunities Available

  Outlot opportunities next to national retailers, shadow-anchored by Walmart & Jewel/Osco.

  W 159 St, Lockport, IL

  View Details
• 

  Contact for pricing

  Retail Outparcels Near I-355

  Outparcels shadow-anchored by Walmart & Jewel/Osco, near I-355.

  SWC 159th Street & I-355 | Lockport, IL 60491, IL 60491

  View Details
• 

  Contact for pricing

  3,620 SF

  Retail Property in Lockport, IL

  Newer construction retail property in a transit-oriented location.

  16732 W 159th St, Lockport, IL

  View Details

FAQs

What type of property is this?

Shopping center - Four-unit retail plaza offers a mix of leased and vacant spaces with convenient access and parking at a corner intersection.

Where is this shopping center located?

The property is located at 1513 S State Street Lockport, IL.

What is the asking price?

The asking price for this property is $1,000,000.

What are key features of this property?

This property features: High‑traffic corner location at State St and Division St.; Two units currently leased to established tenants (pizza restaurant and liquor store).; Mix of occupied and vacant units offers immediate income and future upside potential.